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Elon Musk's net worth hits $1.2 trillion as SpaceX shares jump over 11% post-IPO

Market News
15 Jun 2026
Forbes
View Source
Bullish
pluang ai news

Elon Musk's net worth surged by more than $90 billion to a record $1.2 trillion following an 11% rise in SpaceX shares after its historic IPO. SpaceX raised $85.7 billion in the offering, with strong demand pushing the total to over $350 billion including retail and institutional investors. Musk owns about 38% of SpaceX, making him the world's richest person by a wide margin. This milestone continues Musk's rapid wealth growth, having crossed $500 billion just last year.

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